Market Briefs
Pickens REALTORS® Market Brief: October 2024
November 13, 2024
October Highlights
Demand: Total single-family home sales reached 52, marking a 40.5% increase from September.
Price:
Median Sales Price: $420,000, showing a 3.1% increase from October 2023.
Average Sales Price: $476,000, representing a 0.1% decrease from last year.
Supply:
Total Active Listings: 225, a significant 38.9% increase from last year.
New Listings: 78, up 14.7% from the previous month.
Month’s Supply: 4.8 months, reflecting a 44.8% increase, indicating a boost in inventory over the past year.